EU

President of the European Central Bank, Mario Draghi, announced today the purchase of assets amounting to 60 billion euros per month, in order to stimulate growth and address the threat of deflation. He clarified, the purchases of government bonds...

To the Greek banking system ended up more than 90% of the bailout loans given to Greece, while less than 10% ended in those really in need; the people of Greece, Italian newspaper La Repubblica argued in a direct...

Some 21.4 million tourists visited Greece between January and November 2014. According to provisional data released by the Bank of Greece (BoG), during the eleven-month period, the number of incoming tourists rose by 22.7%, reaching a total of 21.497 million passengers, a...

A protest was organized in Brussels on Saturday evening in solidarity of the Greek people and against austerity measures. According to local media, only 150 protesters were present at first but their number quickly rose to 400. The protest was...

The speculation of a possible Grexit, which lately dominates the Greek public sphere, ruled out European Central Bank (ECB) executive board member Benoit Coeure in an interview with the Irish Times. Coeure characterized such scenarios as "unreasonable and unrealistic." When...

Greece, Ireland, Spain, Italy and Hungary were the EU member-states where poverty and social exclusion increased the most during the economic crisis, according to the European Commission's Annual Review on employment and social developments released on Thursday. The review noted...

The Dutch Finance Minister and Eurogroup president, Jeroen Dijsselbloem, spoke with journalists after a private lecture in Tokyo, Japan. During the short interview he spoke about Greece ’s situation and the Eurogroup’s decision to help the winner of the...

Democratic Socialists Movement leader and former Prime Minister of Greece George Papandreou, during an interview to Athens-Macedonian News Agency on Saturday, referred to everything and everyone and shed light to a number of questions and speculations regarding his actions and policy when...

The Cypriot government on Friday announced the suspension of operations of Cyprus Airways, after the EU said that it must repay over 100 million euros in illegal state aid it received in 2012. Finance Minister Harris Georgiades said the EU...

Threatening howls have risen from the halls of “united” Europe at the announcement of snap general elections in Greece, scheduled for January 25, 2015, – elections which, most likely, will bring to power the populist left-wing SYRIZA party.